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Philippine's BSP pension fund contracts Eastspring

Suzy Waite
This marks the first time the central bank's provident fund has mandated a foreign asset manager to run a portfolio, in this case for domestic equities.
Philippine's BSP pension fund contracts Eastspring

The Philippine central bank's pension fund has contracted Eastspring Investments to run a domestic equities portfolio, making the funds arm of UK insurer Prudential the first foreign manager to run money for the state investor. 

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